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Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

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<div><ul><li>ZJK reported record revenue of $56.1MM for FY25, up 48% Y/Y, driven by volume growth across all major product categories and higher average selling prices reflecting the ongoing shift to higher-precision, higher-value products.</li><li>Gross profit reached a record $24.5MM (+80% Y/Y), with gross margin expanding to 43.7% from 35.9% in FY24—a 779-bp improvement—as ZJK benefited from mix shift, production technology optimization, and economies of scale.</li><li>ZJK saw meaningful traction in its global expansion strategy. By advancing its localized manufacturing in Vietnam, the company is building a more diversified, flexible, and resilient global production network. </li></ul></div>

ZJK reported record revenue of $56.1MM for FY25, up 48% Y/Y, driven by volume growth across all major product categories and higher average selling prices reflecting the ongoing shift to higher-precision, higher-value products.Gross profit reached a record $24.5MM (+80% Y/Y), with gross margin expanding to 43.7% from 35.9% in FY24—a 779-bp improvement—as ZJK benefited from mix shift, production technology optimization, and economies of scale.ZJK saw meaningful traction in its global expansion strategy. By advancing its localized manufacturing in Vietnam, the company is building a more diversified, flexible, and resilient global production network. 

ZJK: Record 2025 Revenue and Earnings; Thesis on Track

<div><ul><li>Vietnam localization formalizes a key pillar of ZJK’s global production strategy. </li><li>ZJK’s April 20 press release advances a multi-year localized operational model for its Hung Yen Province factory, underscoring management’s deliberate approach to building a balanced, diversified, and resilient global manufacturing network.</li><li>Tariff-advantaged capacity positioned to capture incremental OEM demand. With multinational customers actively reconfiguring China-dependent supply chains, ZJK Vietnam offers a cost-efficient, lower-risk trade jurisdiction for precision screws, stamping parts, and lathe parts serving electronics, AI infrastructure, communications, and automotive end markets.</li></ul></div>

Vietnam localization formalizes a key pillar of ZJK’s global production strategy. ZJK’s April 20 press release advances a multi-year localized operational model for its Hung Yen Province factory, underscoring management’s deliberate approach to building a balanced, diversified, and resilient global manufacturing network.Tariff-advantaged capacity positioned to capture incremental OEM demand. With multinational customers actively reconfiguring China-dependent supply chains, ZJK Vietnam offers a cost-efficient, lower-risk trade jurisdiction for precision screws, stamping parts, and lathe parts serving electronics, AI infrastructure, communications, and automotive end markets.

ZJK: Vietnam Localization Advances Global Production Strategy

<div><ul><li>Differentiated precision manufacturer leveraged to AI-driven growth. </li><li>ZJK is a vertically integrated precision metal parts and fastener manufacturer with deep capabilities in high-tolerance, mission-critical components used in AI infrastructure, data centers, semiconductors, EVs, and advanced electronics—end markets where reliability, customization, and scalability matter.</li><li>Strong competitive positioning supported by automation and innovation. </li></ul></div>

Differentiated precision manufacturer leveraged to AI-driven growth. ZJK is a vertically integrated precision metal parts and fastener manufacturer with deep capabilities in high-tolerance, mission-critical components used in AI infrastructure, data centers, semiconductors, EVs, and advanced electronics—end markets where reliability, customization, and scalability matter.Strong competitive positioning supported by automation and innovation. 

ZJK: Initiating Coverage; High-Growth and Profitable Global Fastener Play

China

ZJK Industrial Co., Ltd. engages in manufacturing and sale of precision fasteners, structural parts, and other precision metal parts products. The Company produces standard screws, nuts, bolts, turning parts, stamping parts, and computer numerical control ("CNC") machining parts for new energy vehicles, electronics, and other fields. ZJK Industrial conducts businesses in China.

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ZJK Industrial (ZJK US)

ZJK: Record 2025 Revenue and Earnings; Thesis on Track

ZJK reported record revenue of $56.1MM for FY25, up 48% Y/Y, driven by volume growth across all major product categories and higher average selling...

Water Tower Research

ZJK: Vietnam Localization Advances Global Production Strategy

Tariff-advantaged capacity positioned to capture incremental OEM demand. With multinational customers actively reconfiguring China-dependent supply...

Water Tower Research

ZJK: Initiating Coverage; High-Growth and Profitable Global Fastener Play

ZJK is a vertically integrated precision metal parts and fastener manufacturer with deep capabilities in high-tolerance, mission-critical...

Water Tower Research

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